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Hong Kong stocks plunge to level not seen since 2016 as worries grow world is falling into recession over coronavirus

  • Global death toll rises to more than 14,500
  • US Congress working on US$1.8 trillion stimulus plan in anticipation of huge job losses

Topic |   Stocks Blog
Funeral service workers push a coffin to place in a boat after a mass at the Murano island in Venice, Italy, on March 3, 2020. Photo: Associated Press
INTRODUCTION

Good morning, traders --

The Hang Seng had another 1,000-plus point fall, ending down nearly 5 per cent. China stocks fell as well.

Catch up on the day's action below.

And, hey, are you getting your Live Stocks Blog every morning via email? You can! Don't miss out on our coverage of Hong Kong and mainland markets each trading day! If you would like the Live Stocks Blog emailed to you each morning, click 
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-- Louise Moon, Deb Price and Gigi Choy

Note: Information in this blog is on an "as is" basis and not a solicitation or offer to buy or sell any securities or otherwise; and is not investment/professional advice or services in this regard.  It is subject to our T&C.  SCMP (as defined in 
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) shall not be liable for any loss, damage and costs relating to any investments in securities or otherwise in this connection.